
New moon, the correction happen earlier by one day. it seem STI move ahead of the anticipated DOW correction... Nevertheless, there is 7 days sma to support STI for the moment. Tomolo may be the 14 and 21days SMA or it may just rebounce off the 7days sma. All depend on wat happen to DOW tonite.
Let me get this right a low vix means that volatility is low? right
So if vix returns to average volatility could increase ?
Of course sharp move to the upside also increase volatility?
So do down moves . So why are people betting on down moves only ?
So if vix returns to average volatility could increase ?
Of course sharp move to the upside also increase volatility?
So do down moves . So why are people betting on down moves only ?
Better be safe than sorry.
Stand aside and let the ladies do the catching-ball? balls?
The historical low for vix indicator on the dow is 9.83(financial times)
On friday it closed at 10.05.For investors who cannot hold through an intermediate correction which is due anytime it is better to be safe than sorry.
The intermediate correction could be painful.
yah man... really very chimm... catch no ball ...
This is interesting. "Not seen' doesn't mean it will not break the ratio. There's never a too high or too low as far as numbers is concerned. Records are meant to be broken, and this is mankind.
Correction is also an indicator showing that the market is ready to move to another height.
So Dow correction highly probable Tuesday night (21 Nov 2006) ?
I fully agree!
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Money is Good - Trade With Care
Cheem cheem.... don't understand..
vix indicator10.05-not seen since 1986
S&P/vix ratio 1394.42-not seen since 1986.
No bears left-extreme complacency.
Stock market is now new personal ATM replacing tech bubble and mortgaged home equity.
Intermediate correction on dow starts on 17/11/06
+ or - 4 days as S&P/vix ratio is at historical high
since it was tabulated in 1986.
The vix indicator is 10.16(all time low) and the S&P/vix ratio is 1377.77(all time high)
-intermediate correction in USA market imminent?